Mr. Speaker, yesterday, the Minister of Finance tabled our government's new budget. It is a solid budget, a budget I encourage opposition members to support. It is a budget that seeks to implement phase two of our economic action plan, a plan that has served Canada well, effectively navigating us through the worst of the global recession.
The budget reiterates our government's commitment to Canadians. We will keep taxes low. We will undertake additional targeted investments to support jobs and growth. We will control government spending and stay on track to eliminate the deficit. Unlike previous Liberal governments, we will not cut transfer payments for crucial services like health care and education. We will not give in to opposition demands to impose massive tax increases.
Our budget includes sound measures that address the needs of hard-working Canadians and it contains significant new supports for families and local communities from coast to coast.
It is the budget Canada needs to keep our economic recovery on track.